The Internet of Things (IoT) is an enormous phenomenon expected to continue growing. The network of internet connected electronic devices that are in operation around the world today is massive. Many telecom operators are prioritizing improvements to include IoT services to meet current mass market demands to serve their subscribers and business customers. Statistics show that:
Statistics
Source: https://www.statista.com/topics/2637/internet-of-things/
CSP (Communication Service Providers) and Telecom Operators around the world are now implementing these technologies to their services. By the end of 2019, the global internet of things (IoT) market is expected to grow to 212 billion U.S. dollars in size, and by 2020 there will be over 20 Billion connected devices.
IoT, and opportunity for carriers
Companies’ investment in IoT over the 8 year period ending 2025 is anticipated to be approximately USD 15 Trillion. IoT presents an important opportunity for carriers to develop new revenue streams outside of the increasingly competitive consumer channel. If you are a carrier looking to integrate IoT services for your business customers, make sure your technology provider offers an excellent set of solutions that can significantly enhance revenue by creating more demand for your sims and more consumption of the mobile data services you offer.
Emida is now able to offer carriers an IoT platform that allows monetizing a mobile network by offering controlled data services to small, medium, and large businesses; government; and educational institutions.
Our platform allows you to:
- Efficiently manage the amount of data on any device of your network
- Obtain reports in real-time across data management in all devices
- Have a turnkey solution as no integration between the IoT Platform and your BSS/OSS is necessary.
Interested in learning more? Let us know!
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EMIDA Technologies is a fintech offering digital access to millions of underbanked consumers via its 36-country retailer network. Our products & services enable financial inclusion for 3MM monthly users through 50K+ points-of-sale offering a cash onramp solution. Additionally, we offer IT cloud-based services, SAS & ISO options, and a mobile network. Learn more at Emida.com.
